Clinton Township, Michigan Property Taxes
The median property tax rate in Clinton Township, MI is 0.95%, which is slightly lower than both the national median of 0.99% and the Michigan state median of 1.07%. With a median home value of $209,400 in Clinton Township, the typical annual property tax bill comes to $2,079, falling below the national median of $2,690. Property taxes in Clinton Township are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Clinton Township's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're residing in Clinton Township or another area within Macomb County, familiarizing yourself with the local property tax system can be highly beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Clinton Township, Michigan Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$1,989
Ownwell’s Clinton Township Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clinton Township with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clinton Township to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Clinton Township, Michigan
Property taxes in Clinton Township, Michigan, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clinton Township is 0.95%, slightly below the U.S. national median of 0.99%. Local government entities within Clinton Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clinton Township estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Clinton Township's effective property tax rate to other areas in Macomb County and the national median. For comparison, the 48036 zip code has the highest median property tax rate of 0.99%, while the 48035 zip code has the lowest median tax rate of 0.91%. Understanding how these areas compare with Clinton Township provides valuable insights into the varying tax landscape across Macomb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clinton Township Tax Rate
0.95%
Average Macomb County Tax Rate
1.19%
Average Michigan Tax Rate
1.07%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clinton Township, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48035 | 0.70% | 0.77% | 0.91% | 1.20% | 1.47% |
| 48036 | 0.74% | 0.84% | 0.99% | 1.19% | 1.51% |
| 48038 | 0.75% | 0.84% | 0.95% | 1.16% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Clinton Township, Michigan
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Clinton Township, Michigan. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Macomb County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Clinton Township, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the highest median tax bill in the area is $2,294 in zip code 48038, while the lowest median tax bill is $1,698 in zip code 48035. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Clinton Township helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Clinton Township, Michigan
Source: Ownwell
$78,140
$314,270
$550,400
Average Clinton Township Assessed Value
$209,400
Average Macomb County Assessed Value
$209,990
Average Michigan Assessed Value
$177,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clinton Township, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48035 | $105,000 | $138,600 | $171,800 | $221,400 | $281,600 |
| 48036 | $110,400 | $151,500 | $222,000 | $298,100 | $379,400 |
| 48038 | $128,800 | $176,600 | $238,800 | $288,800 | $360,600 |
Source: Ownwell
Property Tax Bills Across Clinton Township, Michigan
In Clinton Township, Macomb County, MI, property tax bills are calculated based on the assessed value of a home, which is typically 50% of the market value. For instance, with a median home price of $209,400, the assessed value would be approximately $104,700. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including the property's location, any applicable exemptions, and local government budgets. Homeowners in Clinton Township can expect a wide range of tax bills. For example, the 25th percentile tax bill is around $1,456, while the 75th percentile reaches $2,763, and the 90th percentile can go up to $3,657. The highest median tax bill in the area is $2,294 in the 48038 zip code, whereas the lowest median tax bill is $1,698 in the 48035 zip code. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it essential to understand how these bills are determined.
Average Clinton Township Tax Bill
$2,079
Average Macomb County Tax Bill
$2,603
Average Michigan Tax Bill
$1,795
Average United States Tax Bill
$2,690
Property Tax Bills Across Clinton Township, Michigan
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 48035 | $964 | $1,289 | $1,698 | $2,270 | $2,878 |
| 48036 | $1,038 | $1,538 | $2,230 | $3,085 | $4,471 |
| 48038 | $1,199 | $1,730 | $2,294 | $3,002 | $3,837 |
Source: Ownwell